Effective 1 July 2026, new rules govern the allocation of TFR (severance pay) for private sector employees hired after 30 June 2026. INPS message No. 3021/2026 introduces the “T3” code in the UNIEMENS flow, allowing employers to indicate the chosen destination. The article provides detailed instructions for compliance.
Key Takeaways
- Automatic Enrollment: New hires are automatically enrolled in complementary pension funds unless they opt out within 60 days.
- UNIEMENS Reporting: Employers must use the new T3 code to report TFR destination choices accurately in monthly UNIEMENS submissions.
- Professional Guidance: Payroll professionals must update systems and advise clients on the implications for pension planning and tax treatment.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement